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Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.
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Menlo Park, CA Demographics
- Total Population35,211
Female 17,216Male 17,995
- Median Age37.6
A total population of 35,211 lives in Menlo Park, CA, according to data published by the U.S. Census Bureau. Population statistics show that 17,995 of Menlo Park’s residents are women and 17,216 are men. The median age of the population in Menlo Park, CA is 37.6.
Average Rent in Menlo Park, CA
- Menlo Park, CA Average Rental Price, July 2022 $4,158 /mo
Apartments for rent in Menlo Park, CA have an average price of $4,158 per month.
Menlo Park, CA Rent Trends
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Compared to the average rent in the U.S. of $1,706, the rent in Menlo Park, CA is $4,158 per month.
Menlo Park, CA Households
- Total Number of Households12,174
Family 8,164Non-family 4,010
Children 4,261No Children 7,913
- Average People Per Household2.8
- Median Household Income$167,567
- Median Housing Costs Per Month$2,938
According to the U.S. Census, there are 12,174 households in Menlo Park, CA. The Census estimates also show that 8,164 are family households and 4,010 are non-family households. Moreover, Menlo Park has 4,261 households with children in Menlo Park and 7,913 households without children. On average, about 2.8 people constitute a household in Menlo Park, CA. The median income of a Menlo Park household living in Menlo Park is $167,567 per year. The housing costs per month are estimated around $2,938.
Menlo Park, CA Education Statistics
According to U.S. Census Bureau estimates, the share of residents in Menlo Park, CA that have no high school education is 3%, and the share of those who went to high school is 13%. 13% of residents have some college education, 4% have an Associate Degree, while 28% have a Bachelor Degree, and a share of 39% have a Graduate Degree.
Renting a 3 bedroom apartment in Menlo Park, CA
Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,090 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Menlo Park, CA, rents on 3 bedroom apartments go up to $12,821. 25 rental properties offer 3 bedroom units in Menlo Park, CA to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.
Tips on finding a cheap 3 bedroom apartment in Menlo Park, CA
For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $1,535 in Menlo Park, CA, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Downtown Menlo Park or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.